×
ECR

Eppink: We need a rule-based Eurozone, not a transfer zone

16 January 2013

Belgian European Conservatives and Reformists group Vice-President Derk Jan Eppink has warned against turning the eurozone into a Belgian-style transfer economy where ‘solidarity became a one-way street.’

Belgian European Conservatives and Reformists group Vice-President Derk Jan Eppink has warned against turning the eurozone into a Belgian-style transfer economy where ‘solidarity became a one-way street.’

Speaking against a number of proposals put forward by French Liberal Sylvie Goulard for ‘stability bonds’, which would mutualise the eurozone’s debt, Mr Eppink said that voters should be given a direct say over their introduction through a series of referenda.

Speaking in the parliament, he said:

“If we follow the road map of Ms Goulard, the EU will be in the same position as Belgium now: a transfer economy whose political foundations are crumbling because solidarity became a one-way street. The rapporteur talks about stability bonds, which bring instability. I call them ‘Goulard bonds’.”

“Why am I against ‘Goulard bonds’? First, mutualisation of debt cannot cure the loss of competitiveness. On the contrary, it is a sleeping pill. Secondly, ‘Goulard bonds’ are the highway to a transfer economy in the eurozone. We need a rule-based eurozone, not a transfer zone. Thirdly, the issue of democracy to which the rapporteur attaches most importance: voters of the eurozone Member States should have the final say on a possible introduction of ‘Goulard bonds’. They should be subject to referenda. And fourthly, I appeal to Ms Goulard and her group to approve the two-pack instead of holding it to ransom for ‘Goulard bonds’. The victim of this blackmail is the eurozone and its much needed fiscal discipline.”

SHARE

ECR

OUR TWEETS

ECR Party

17 hours ago

On this day 30 years ago: Czechs and Slovaks took to the streets demanding the end of authoritarian communism. To… twitter.com/i/web/status/1…

Jan Zahradil

18 hours ago

Bank holiday today in #CzechRepublic. 80 years ago, November 17, 1939: big rally in Prague against Nazi occupation.… twitter.com/i/web/status/1…

Jan Zahradil

yesterday

Last night in #Prague: tribute to Sir @Roger_Scruton for his support of Czechoslovak dissent before 1989. Awarded M… twitter.com/i/web/status/1…

Poland in the EU

3 days ago

We hosted today a debate on terrorist content online regulation in partnership with @ZPP_EU. Our keynote speakers… twitter.com/i/web/status/1…

ECR Group

3 days ago

ECR will always work for a free market economy and against protectionist policies. MEP @robertszile grilling Transp… twitter.com/i/web/status/1…

Bert-Jan Ruissen

3 days ago

Net in het Europarlement de kandidaat-EU-commissaris László Trócsányi voor Nabuurschap en Uitbreiding gevraagd naar… twitter.com/i/web/status/1…

ECR Group

4 days ago

Interesting and strong testimony from Andrew Brunson on the importance of #freedomofreligion, hosted by our MEP… twitter.com/i/web/status/1…

ECR Group

5 days ago

We wouldn’t have a unified Europe if the people of Central and Eastern Europe had not have fought Communism 30 year… twitter.com/i/web/status/1…

Prawo i Sprawiedliwość

6 days ago

101. rocznica odzyskania przez Polskę Niepodległości. #11listopada #ŚwiętoNiepodległości 🇵🇱 pic.twitter.com/napTF7oZvb

Poland.pl

6 days ago

Happy #IndependenceDay, Poland! 🇵🇱 The past 101 years were not always easy, some were pretty hard, some were legen… twitter.com/i/web/status/1…





© 2018. All rights reserved. European Conservatives and Reformists Group